Competitive Analysis
The leading market players operating in the global market as identified by MRFR are Autodesk, Stratasys Ltd, 3D Systems, Inc, Arcam AB, Exone, EnvisionTEC, Inc, Voxeljet AG, Ponoko Ltd, Local Motors, Optomec, Inc and among others. The augmented investments in research and development for introduction of modern printing materials and cost-efficient printers has strengthened the competition amid the players of the global3D Printing in Automotive Market Size.
Segmental Analysis
The global 3D Printing in Automotive Market Size has been analyzed on the basis of material, technology, and application. Based on the technology, the market for Automotive 3D Printing is divided into laser sintering, stereolithography (SLA), laminated object manufacturing, electron beam melting, and others. Among these, the stereolithography (SLA) holds the maximum market share in the global Automotive 3d Printing Market Size, by 2023.
By the material, the Automotive 3d Printing Market Size, is divided into alloys metal, and others. Based on application, the global Automotive 3d Printing Market Size, is segmented into research and development activities, prototyping and tooling, manufacturing, and others.
Regional Analysis
The geographical analysis of the global market has been conducted in four major regions, covering the North America, Asia Pacific, Europe, and the rest of the world (Latin America, the Middle East and Africa). Among these, the Europe region holds the largest market share in the global Automotive 3d Printing Market Size, due to the presence of large number of automotive manufacturers in a higher concentration that are siding towards the integration of 3D printing technology in the production process in this region.
The Automotive 3d Printing Market Size, in the North America, and the Asia Pacific regions is developing considerably, due to the increasing technological advancement in the sector on 3D technology and brisk expansion in the automotive vertical in these countries. The seamless development in the 3D printing technology for expanding the application range of 3D printing technology is fueling the expansion of the market for Automotive 3D Printing in the rest of the world over the review period.
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